511 ST JOHNS AVE, Palatka, FL 32177
511 ST JOHNS AVE, Palatka, FL 32177
511 ST JOHNS AVE, Palatka, FL 32177
511 ST JOHNS AVE, Palatka, FL 32177
511 ST JOHNS AVE, Palatka, FL 32177
511 ST JOHNS AVE, Palatka, FL 32177
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$ 1,990,000
Est. payment | /mo

17,106 SqFt


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$ 1,990,000
Est. payment | /mo
Save

17,106 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 17,106 sqft

Price per Sqft $116

MLS Listing ID 2173756

HOA Y/N No

Year Built 1971

Annual Tax Amount $40,492

Lot Size 1.500 Acres

Acres 1.5

Property Sub-Type Mixed Use

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

Prime Downtown Commercial Opportunity — Former Bank Building
Over 17,000 Sq. Ft. Approx. 1.5 Acres (2 Parcels)
An exceptional investment and business opportunity in the heart of downtown Palatka! Located directly across the street from the county courthouse and just five blocks from the historic St. Johns River, this expansive commercial property spans two separate parcels and benefits from two hard corners, offering incredible visibility, heavy traffic, and unmatched versatility for a wide variety of business ventures.
Prime Location & Exterior Features
Positioned on a high-visibility 1.5-acre downtown footprint, the property features over 50 paved parking spaces for clients and employees, along with a prominent pylon sign for maximum street exposure. Adding to its unique functionality is a separate outbuilding formerly used for drive-thru tellers, perfect for modern drive-up services, a coffee shop, or customer pickup windows. Interior Layout & Specialized Infrastructure
Spanning over 17,000 square feet, the multi-level building is designed to accommodate large-scale operations. Key interior highlights include:
Multiple Private Offices & Conference Room: Ideal for corporate headquarters, professional firms, law offices, or medical practices.
Elevator Access: Convenient accessibility between floors for clients and staff.
Secure Vaults: Features two built-in vaults, including one equipped with safe deposit boxes inside—a nod to its secure banking heritage.
Dedicated Classroom / Daycare Wing: One side of the building is fully configured with spaces tailored for classrooms, a daycare, or a training center.
Endless Business & Development Potential
Beyond traditional corporate or professional offices, this landmark property lends itself to a multitude of lucrative commercial uses, including:
Multi-Tenant Retail or Mixed-Use Center: Subdivide the sprawling square footage for boutique shops, fitness studios, or professional suites.
Dining & Entertainment Hub: Capitalize on the downtown foot traffic by converting the space into a destination restaurant, brewpub, or event venue.
Financial Institution, Medical Clinic, or Educational Campus: Leverage the existing secure infrastructure and dedicated classroom wing.
Properties of this scale, prominent dual-corner location, and downtown prominence rarely become available. Schedule your private tour today to explore the endless possibilities!

Location

State FL

County Putnam

Area 561-Greater Palatka

Direction From the Memorial Bridge head North on HWY 17 (Reid St), Turn Left on 6th St., Property will be on the Left

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Off Street, On Street, Parking Lot

Utilities Available Cable Connected, Electricity Connected, Water Connected

Private Pool No

Building

Lot Description Corner Lot

Building Description Concrete, Elevator,Kitchen Facilities,Meeting Room,Office,Private Restroom,Reception Area,Separate Office Area,Storage

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Concrete

Others

Senior Community No

Tax ID 421027685002800010

Security Features Fire Alarm,Fire Sprinkler System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by TIMBER TO TIDES REALTY LLC • ANDREW REED MATHEWS

NEARBY SCHOOL & BUSINESS

Combs Premier Realty

+1(407) 807-8993

iadoreflorida@gmail.com

12200, Winter Garden, FL 34787, United States

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511 ST JOHNS AVE